OFF MARKET

1/1 Tower Avenue
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 91m2
Land area: 161m2
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Property Details for 1/1 Tower Ave, Frankston

1/1 Tower Ave, Frankston is a 2 bedroom, 1 bathroom Unit and was built in 2007. The property has a land size of 161m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Year Built
2007
Floor Size
91m2
Land Size
161m2
Local Government
Frankston
Lot/Plan
4/PS609937

Last Listing description (July 2023)

This unit presents a perfect opportunity for the astute investor who is looking for a low-maintenance, ready-to-rent property in a convenient location, and would also be ideal for 1st home buyers or downsizers.

Positioned close to local shops and in walking distance to Bayside Shopping Centre, Frankston CBD and train station, TAFE, PARC, and the beach, the unit boasts an attractive street frontage plus single garage with storage space, as well as bright spacious interiors. Offering a light-filled kitchen which includes a breakfast bar, ample storage and quality stainless steel appliances, plus a large open-plan living and dining space with split system reverse cycle air-conditioning unit. A sliding door opens out to a peaceful and private patio for alfresco dining and relaxing within an easy-care courtyard garden.

A central hallway provides access to 2 spacious bedrooms, including 1 with built-in-robes and a large main bedroom with walk-through-robe and direct access to the bathroom with bath and separate shower, a separate toilet, and a large fitted laundry with linen closet and internal access to the garage. The home also features gas ducted heating and security screens on windows and doors.

https://www.obrienrealestate.com.au/office/obrien-real-estate-frankston/22161

Property History for 1/1 Tower Ave, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$505,000
24 Apr 2023
Listed for Rent
$315/w
08 Aug 2018
  • 26 Jul 2023
    Listed for Sale Not Disclosed
  • 24 Apr 2023
    Sold for $505,000
  • 08 Mar 2023
    Listed for Sale $475,000 - $525,000
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About Frankston 3199

The size of Frankston is approximately 19.8 square kilometres. It has 72 parks covering nearly 21.2% of total area. The population of Frankston in 2011 was 35,009 people. By 2016 the population was 36,090 showing a population growth of 3.1% in the area during that time. The predominant age group in Frankston is 30-39 years. Households in Frankston are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Frankston work in a professional occupation. In 2011, 58.7% of the homes in Frankston were owner-occupied compared with 56.8% in 2016.

Frankston has 21,617 properties. Over the last 5 years, Houses in Frankston have seen a 25.61% increase in median value, while Units have seen a 22.65% increase. As at 31 October 2024:

  • The median value for Houses in Frankston is $722,720 while the median value for Units is $505,673.
  • Houses have a median rent of $550 while Units have a median rent of $453.
There are currently 135 properties listed for sale, and 62 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 914 properties were sold in the past 12 months in Frankston.

Suburb Insights for Frankston 3199

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.